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Mishra Dhatu Nigam Ltd (MIDHANI) manufactures superalloys, titanium, special purpose steel and other special metals.It was incorporated in 1973 at Hyderabad as a Government of India Enterprise under the Ministry of Defence.GoI still owns ~74% stake in the company after its IPO in 2018.
MIDHANI reported strong Q1 FY27 financial performance, with turnover up 40.46% year-on-year to Rs. 239.49 crore and Profit After Tax increasing 27.42% to Rs. 16.31 crore. EBITDA grew 12.89% to Rs. 46.6 crore. The order book stands at Rs. 2,329 crore, with Defense contributing 66%. Margins faced pressure from elevated...